Elliottwave-Edge

Elliottwave-Edge

1st wave was normal 3rd wave was exactly 100% of wave 1. As per the elliott rules one of the motive should be extended . There is a high probability to extend 5th wave . AUD/USD BUY @0.67750 SL 0.67380 TP 0.71850

Elliottwave-Edge

End of the 4th wave either as "ABC" @1742 or it may as abcde near 1820. After the completion of the 4th wave, we may see ETH towards the final 5th wave $2400.

Elliottwave-Edge

As we can see 4th wave may ended and 5th wave started. 4th wave appears as a flat or inverted flat so we may see 5th wave fast in speed. 5th wave may see 61.8 Fibonacci near 0.67600

Elliottwave-Edge

I am counting the waves of eth as showing in chart . Current price at 1575 5th wave may extended for the target of 2000 in march or April 2023 month. We can see 4th wave was inverted flat and shllow so there is a high probability to be extended 5th wave. Stop loss for BUY 1575 is near 1460 low for the target of 2000

Elliottwave-Edge

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Elliottwave-Edge

Date : 9th Feb 2023 Textbook 5 impulses completed @61.8(0-3) and 61.8% correction of five impulses. Entry @ 103.235 with SL 103.135 pip Target 104.950

Elliottwave-Edge

You can see in the chart 5th wave is extended and it is a Fibonacci 138.2%(0-3)The beauty of the extended 5th wave is after the extended 5th wave price falls rapidly upto the 2nd wave of the 5th wave which comes near 1775 So I am given the target of the fall is up to 1775. then I have forecast inverted flat correction up to 1844 with a low of 1749. One more leg...

06:21

Elliottwave-Edge

Wave III is continuing or it is completed in 1950. from 1950 I am expecting a triangle or complex correction as shown below where 1910 & 1922 is demand area. When the price comes in this area, it may bounce towards 1935-1945. If the price trades below 1900 then we may see the following ABC pattern in which C wave is 123.6 to 138.2 of wave A. Bears will get...

Elliottwave-Edge

Gold may see abcde pattern Low 1900 is support. We may see higher high 1910/1922/1933 for the target of 2000

12:50

Elliottwave-Edge

Weekly analysis for, DXY - It may see correction of 3rd of the 3rd wave Gold - It may give correction of the uptrend Bitcoin - Does the new rally begun? S&P500 - ABC Correction is unfolding. #dxy #gold #bitcoin #SNP500

Elliottwave-Edge

For Week (9th to 13th Jan 2023) #Nifty50 is Five impulses in down ?? It is interesting to see 4th wave correction unfolding. Is it completed or going to unfold more complexly?? hmm, Have you noticed 2nd wave was inverted flat? It might be possible that 4th wave has been over at 18266. I need more confirmation around 17950. If fails then we may see the 5th...

Elliottwave-Edge

waves count on lower time frame ,Significant Low 1797 to 1865 it may complete one impulse cycle @1865 and now we may see correction up to 1840 for the next upward rally. Bears will get active below 1853 for 1847/1841 Bulls will get active above 1860 for 1865/1875

Elliottwave-Edge

XRP Bulls active if stay above 0.48 for Target of 0.60/0.65/0.70 Bears active below 0.48 for 0.45/0.42 we can see 4th wave triangle is completed near 0.48 5th wave is unfolding as showing in chart.

Elliottwave-Edge

Does DXY BULL Rally over ??? DXY shows five tiny waves downwards which is the first sign of a Bearish DXY after a long time. We may see a 109.200 level as shown in the chart. #DXY

Elliottwave-Edge

GOLD BUY ZONE 1711 -1716 SL 1707 TP 1727/1739/1744 Bullish above 1719 for 1727/1739/1744 Bearish below 1702 only Demand Zone 1711-1716 Supply Zone 1735-1744

Elliottwave-Edge

US OIL Trading View: Current Price at 62.48 on Hourly Chart near the Support Zone. Price action at support is interesting to see for the next move towards new high 65 or back to the trendline support around 61.30 Bulls will get active above 63.06 Bears will get active below 62.29